Replying to Avatar Undisciplined

It was mostly acquired through criminal seizures, right? I don't think they acquired it as an investment or financial asset.

They may have thought about it similar to how governments think about other confiscated property: "We can sell this and have more money for our dumb projects."
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smalltownrifle 1y ago 💬 1

Of course, but surely individuals within the government would've looked at how much it has appreciated and how liquid it is and got atleast a little curious.

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Undisciplined 1y ago 💬 1

Have you ever worked with anyone in the government? I would not make those assumptions.

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kepford 1y ago

What he is describing is what an individual with something to gain would do. Government officials selling something for the government don't get rewarded for getting another 100k in fiat by timing the market. They had a task and did it. Follow the incentives.